I clicked "Yes" to above question. Next, under "Disposition of Property", Turbotax shows transactions with Gain or Loss and "Omit" columns. I clicked "Continue". Next, under "Capital Gain Distribution", Turbotax says subtract exempt amount from New Jersey income tax and enter adjusted amount below. Do I use Box 2a on 1099-DIV or Gain(Loss) amount on 1099-B to calculate this adjusted amount ?
You'll need to sign in or create an account to connect with an expert.
select the form that shows the amount to which an exemption applies.
select the form that shows the amount to which an exemption applies.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
randy5419
Level 3
huangi
New Member
paigef89
New Member
buteo35
Level 2
bigk-folk
New Member